if there is excess ITC of FY 20-21, can it be claimed in April 21-GSTR 3B return?
Replies (6)
Quick Summary
Yes, you can claim any excess Input Tax Credit (ITC) from the financial year 2020-21 in your April 2021 GSTR 3B return. Section 16(4) of the CGST Act, 2017, does not prevent you from claiming eligible ITC. This applies to eligible ITC on purchases, including items like office air conditioners.